4 FAQs about Bulk procurement of 350kw energy storage cabinet for airport use

What is the bulk energy storage program?

The Bulk Energy Storage Program will use an innovative Index Storage Credit incentive, as established in the Order and modeled in part on the Renewable Energy Certificate (REC) and Offshore Wind Renewable Energy Credit (OREC) utilized in other NYSERDA programs.

Can a project be eligible for a NYSERDA bulk energy storage program?

5Participation in the utility procurements precludes a Project's eligibility for the NYSERDA Bulk Energy Storage Program and NYSERDA's Request for Proposals to procure Index Storage redits (ISCRFP25-1) New York State Electric & Gas Corporation Rochester Gas and Electric Corporation 2025 Bulk Power Energy Storage Request for Proposals

Are energy storage contracts a viable option in Texas?

These contracts are particularly prevalent in Texas, which is an energy-only market (i.e., there is not a separate market for the sale of capacity). As a result, many energy storage resources will enter into hedges that will provide them with some fixed revenue streams to facilitate a project financing.

Can energy storage resources provide dispatchable energy?

From the perspective of the industry, the relief could not come soon enough. With the increasing penetration of renewable energy resources, the demand for energy storage resources that can provide capacity—the ability to provide dispatchable energy—has become paramount.

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